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Buying Gold & Silver in Delaware

Delaware is known for many things. One is that it was the very first colony to ratify the United States Constitution. Being adjacent to the Atlantic Ocean, Delaware was one of the first colonies settled in America, and a vital part of the development of our nation both the signing of the Declaration of Independence and the implementation of the United States Constitution. Over time, the historical colony transferred into a great state. It has developed into one of the most business friendly states in our country. Because of that, it is also considered one of the richest states in the country. Not only does it have people from around the country investing in the state it also has many people moving into the state to take up residence and take advantage of its tax policies and business strategies. The tax policies of the government have been designed to promote business and encourage development in commerce. It has worked out wonderfully for both the companies and the state.

According to various outlets, over half of the companies that are publicly traded in the United States have been incorporated in Delaware, not to mention the thousands of smaller midsized corporations and family owned businesses. These companies have taken advantage of lenient filing requirements, fees, and tax policies instituted by the state and local governments. From all over the country, small companies, midsized corporations, and large conglomerates are all treated the same when they file their paperwork. The process is simplified and streamlined for business. This has lead to other friendly tax policies, such as in the implementation of a sales and use tax.
One of the major concerns for individuals and businesses alike, such as those incorporated in Delaware, is how to invest their money. Everyone is looking for a stable and profitable investment, but it is often hard to find. The stock market is a crap shoot, the housing market is on the decline, and burying your money in the backyard yields no return. The answer may lie in purchasing precious metals like gold and silver. Gold and silver have consistently and continually outperformed stocks and bonds, and have held their value better than any real estate in recent years.

Bullion Sales Tax in Delaware

Doing it in a friendly tax state like Delaware makes it all the more beneficial of an investment for your portfolio. When exploring the purchase of precious metals, you often need to decide whether it will be in bullion, coins, paper currency, or other form. In addition, you need to make a decision concerning the amount of the product you are buying, and what metal makes the most sense for your investment. These decisions are all moot in Delaware. There is no sales tax in the entire state. It is only one of a few states that have no sales tax. This is just a continuation of the pro-business, pro-economic growth, and pro-investment tax policies that have been adopted by the state. This makes s buying precious metals in any shape, form, and amount, a worthwhile investment in the great state of Delaware.

Golden Eagle Coins, being an out of state retailer, does NOT have to charge sales tax to Delaware residents. Browse our selection of tax-free gold and silver products. Please take note that we are not experts on tax issues, and you may be liable to pay local Use tax. Please contact your local tax professional for more information.